FND Stock Intrinsic Value – Floor & Decor Launches Expansion Effort with New Store Opening in New York
January 4, 2024
🌥️Trending News
Floor & Decor ($NYSE:FND), a top retailer in the home improvement and flooring industry, has just opened a new store in New York. This is part of their expansion effort in the United States, aiming to provide high quality, affordable flooring and décor options to customers. The newly opened store in New York carries a wide selection of hardwood, laminate, stone, and tile flooring and décor products. Customers can find a variety of styles and colors to choose from, including trendy and classic looks.
This store also offers competitive pricing, making it an attractive option for those looking to update their home at an affordable price. Floor & Decor is known for its customer-first approach, providing expert advice and design solutions for any project. The new store in New York is sure to become a popular destination for homeowners, interior designers, and contractors alike.
Share Price
On Tuesday, home improvement retailer FLOOR & DECOR opened its newest store in the heart of New York City. This opening marks the beginning of an expansion effort that is sure to bring the company’s wide variety of flooring, tiles, and home decor items to a whole new audience. FLOOR & DECOR shares opened at $110.4 and closed at $110.1, down by 1.3% from the previous day’s closing price of 111.6. This latest store opening is sure to be a beneficial move for the company in the long run and investors are confident in the firm’s ability to capitalize on this opportunity.
With their wide variety of products that are available in-store and online, this expansion effort is sure to be a success for the company and will help drive even more people to shop with them. FLOOR & DECOR’s new store is sure to be a success and will help them reach an even wider audience in the New York City area. With their commitment to providing quality flooring, tiles, and home decor items at an affordable price, this new store is sure to become a local favorite. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FND. More…
| Total Revenues | Net Income | Net Margin |
| 4.41k | 278.14 | 6.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FND. More…
| Operations | Investing | Financing |
| 804.1 | -567.53 | -182.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FND. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.64k | 2.75k | 17.69 |
Key Ratios Snapshot
Some of the financial key ratios for FND are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.6% | 25.2% | 8.4% |
| FCF Margin | ROE | ROA |
| 5.8% | 12.5% | 5.0% |
Analysis – FND Stock Intrinsic Value
GoodWhale recently conducted an analysis of FLOOR & DECOR’s financials. After thorough review, we have determined that the fair value of FLOOR & DECOR share is around $114.2, calculated by our proprietary Valuation Line. Currently, FLOOR & DECOR stock is traded at $110.1, making it a fair price that is undervalued by 3.6%. Therefore, we advise investors to take advantage of this opportunity and invest in the company’s stock. More…
Peers
Floor & Decor Holdings Inc. is one of the leading flooring retailers in the United States. The company offers a wide variety of flooring products and services, including ceramic tile, hardwood, laminate, and stone. Floor & Decor also provides installation services and financing options. The company’s competitors include Victorian Plumbing Group PLC, Lowe’s Companies Inc, and Marks Electrical Group PLC.
– Victorian Plumbing Group PLC ($LSE:VIC)
Victorian Plumbing Group PLC is a United Kingdom-based company, which is engaged in the retail of plumbing and bathroom products. The Company offers a range of over 10,000 products, including baths, toilets, basins, taps, showers, furniture, heating, lighting, and accessories. It offers its products through its website and showroom. The Company operates through two segments: United Kingdom and Europe.
– Lowe’s Companies Inc ($NYSE:LOW)
Lowe’s Companies Inc. is a publicly traded company with a market capitalization of 111.61 billion as of March 2022. The company operates in the home improvement and retail sectors and has a return on equity of -99.39%. Lowe’s Companies Inc. was founded in 1946 and is headquartered in Mooresville, North Carolina. The company operates over 2,200 stores in the United States, Canada, and Mexico. Lowe’s Companies Inc. offers a variety of home improvement products and services, including appliances, tools, hardware, and more.
– Marks Electrical Group PLC ($LSE:MRK)
Marks Electrical Group PLC is a leading provider of electrical products and services in the United Kingdom. The company has a market capitalization of 71.37 million as of 2022 and a return on equity of 27.33%. Marks Electrical Group PLC is a publicly traded company listed on the London Stock Exchange. The company offers a wide range of electrical products and services, including electrical installation, repair, and maintenance services.
Summary
Floor & Decor is expanding its business to New York with the opening of a new store. This is part of their strategy to increase market presence and expand their operations. Investing in Floor & Decor may be attractive for long-term investors due to the company’s steady growth.
The company is well-positioned for further growth, given its substantial liquidity, and established competitive advantages. Investors should also consider the company’s track record of strong returns on invested capital, which indicates a sound management team.
